MANAGEMENT AND FINANCIAL ADVICES
ActiveSummary
MANAGEMENT AND FINANCIAL ADVICES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €93k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-39
Solvency50▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.02 in 2024; short-term debt: 29.3% and cash: 2.6% of total assets), and 75.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.9%
Return on assets
1.8%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
6 d late
2023
6 d early
2022
26 d early
2021
2 d early
2020
8 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€93k▼ 78.3%
2024 · €427k
2018: €175k
2019: €-39k
2020: €68k
2021: €56k
2022: €80k
2023: €195k
2024: €427k
2018 → 2025
Working capital
€-1.33M▼ 10.9%
2024 · €-1.20M
2018: €806k
2019: €-712k
2020: €-1.21M
2021: €-1.20M
2022: €-1.21M
2023: €-1.39M
2024: €-1.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€774k-€827k▲ 6.8%€787k▼ 4.8%€1.21M▲ 54.2%€1.31M▲ 7.6%
Operating result€171k-€207k▲ 21.0%€375k▲ 81.0%€696k▲ 85.7%€288k▼ 58.6%
Net result€56k-€80k▲ 44.0%€195k▲ 143%€427k▲ 119%€93k▼ 78.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.25M
Fixed assets
€5.04M ▲ 31.5%
Current assets
€208k ▲ 686%
Equity and liabilities €5.25M
Equity
€1.31M ▲ 7.6%
Provisions
€107k ▼ 3.1%
Debt
€3.83M ▲ 51.3%
Debt's share of the balance-sheet total rises from 65.7% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€445k▼
2024 · €809k
Cash flow
€249k▼
2024 · €539k
Current ratio
0.14▲
2024 · 0.02
Debt to equity
2.93▲
2024 · 2.09
ROE
7.1%▼
2024 · 35.2%
ROA
1.8%▼
2024 · 11.1%
Interest coverage
2.74▼
2024 · 6.76
Debt ≤ 1 year
€1.54M▲
2024 · €1.23M
Debt > 1 year
€2.20M▲
2024 · €1.22M
Income taxes
€40k▼
2024 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.86M€5.25M▲
Fixed assets21/28€3.83M€5.04M▲
Tangible fixed assets22/27€3.83M€5.04M▲
Land and buildings22€3.83M€5.03M▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€60€60=
Current assets29/58€26k€208k▲
Amounts receivable within one year40/41€0€64k▲
Trade receivables40-€8k
Other amounts receivable41€0€56k▲
Cash at bank and in hand54/58€8k€137k▲
Deferred charges and accrued income490/1€18k€7k▼
Equity and liabilities
Total equity and liabilities10/49€3.86M€5.25M▲
Equity10/15€1.21M€1.31M▲
Contributions10/11€419k€419k=
Reserves13€795k€888k▲
Tax-exempt reserves132€332k€322k▼
Distributable reserves133€464k€567k▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€111k€107k▼
Deferred taxes168€111k€107k▼
Amounts payable17/49€2.53M€3.83M▲
Amounts payable after more than one year17€1.22M€2.20M▲
Financial debts170/4€1.22M€2.20M▲
Amounts payable within one year42/48€1.23M€1.54M▲
Current portion of amounts payable after more than one year42€145k€189k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€92k€103k▲
Suppliers440/4€92k€103k▲
Taxes, remuneration and social security45€79k€38k▼
Taxes450/3€79k€38k▼
Other amounts payable47/48€910k€1.21M▲
Accrued charges and deferred income492/3€90k€99k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€156k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€18k€19k▲
Gross operating margin9900€827k€463k▼
Operating profit (loss)9901€696k€288k▼
Financial income75/76B€10k€3k▼
Recurring financial income75€10k€3k▼
Financial charges65/66B€120k€162k▲
Recurring financial charges65€120k€162k▲
Profit (loss) for the period before taxes9903€586k€129k▼
Transfer from deferred taxes780€2k€3k▲
Transfer to deferred taxes680€96k€0▼
Income taxes67/77€65k€40k▼
Profit (loss) for the period9904€427k€93k▼
Transfer from tax-exempt reserves789€5k€10k▲
Transfer to tax-exempt reserves689€288k€0▼
Profit (loss) for the period to be appropriated9905€143k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€103k▼
Transfer from equity791/2€0-
Transfer to equity691/2€143k€103k▼
To other reserves6921€143k€103k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
State Gazette act
General meeting · Statutes amendment
Capital · Director resignation
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
08-04
State Gazette act
Board meeting · Director appointment
Permanent representative
08-04
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2024
30-09
Financial
Highest result since 2018net €427k ▲119%
Operating result €696k, net result €427k, both a record.
30-09
Financial
Equity above €1MEq €1.21M ▲54.2%
5 profitable years in a row build equity to €1.21M.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
Show earlier events
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-39k ▼122%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Juprelle · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Fossé Botton 15B4458 JuprelleGround area
1,126 m²
Building footprint
143 m²
Parcel 62035A0789/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
M.F.A SPRL
since 20072.169.030.064
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62035A0789/00K000 | Wallonia | 1,126 m² | 1 · 143 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 24,900 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2007
Fiscal year end30-09
Abbreviation FR
M.F.A
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.